Tag: Crude oil
Nigeria Proposes Ban on Foreign Currencies for Domestic Transactions
The bill proposes that all payments, including salaries and transactions, be made using the Naira A bill introduced in the ...
Work ongoing on P’Harcourt refinery’s second plant – Presidency
PHRC has two plants including the 60,000bpd facility, and the 150,000bpd plant Says refinery receives regular crude oil contrary to ...
Naira-for-crude deal: NNPC reneging on crude supply agreement – Dangote Refinery
He noted that the NNPCL hasn’t met the target to deliver a minimum of 385,000 bpd since the commencement of ...
Dangote refinery resumes purchase of crude oil from US
The latest development could mean that the naira-for-crude deal by the federal government fell through or that the refinery is ...
Nigeria Lost 8 Million Barrels of Crude Oil to Theft in 2023 – NEITI
NEITI reported that approximately 7.68 million barrels of crude oil were stolen or lost in 2023, marking a 79% decrease ...
Dangote Group Plans Crude Oil Production to Support $20bn Refinery
The Dangote Group plans to start crude oil production in Q4 2024 to support its $20 billion refinery, seeking FPSO ...
BREAKING: NNPC raises petrol price to N897 per litre
Many NNPC filling stations had already effected the prices The Nigerian National Petroleum Company Limited (NNPC) Tuesday raised the pump ...
Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
NNPC CEO Mele Kyari praised military actions against oil theft, linking increased crude production to their efforts in securing pipelines ...
Edo Refinery Laments Lack of Crude Supply by NNPC, Local Companies
AIPCC Energy Limited expressed concerns about inadequate crude oil supply, hindering the Edo Refinery's ability to operate at full capacity ...
Oil Sector: I’ll Reveal The Truth When Time Comes – Kyari
Mele Kyari, CEO of NNPCL, promised to reveal the truth about the company's operations amid Senate investigations into economic sabotage ...
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